The current real-time price of SATS3L is $0.0001. In the past 24 hours, SATS3L has traded between $0.0010 and $0.0010, showing strong market activity. The all-time high of SATS3L is $7.669347, and the all-time low is $0.0001.
From a short-term perspective, the price change of SATS3L over the past 1 hour is , over the past 24 hours is +2.56%, and over the past 7 days is -11.68%. These figures provide a quick overview of the latest price trends and market dynamics of SATS3L on LBank.-23.41%
The live price of SATS3L today is $0.0001, with a current market cap of --. The 24-hour trading volume is 327K. The price of SATS3L to USD is updated in real time.
Before deciding whether to buy or sell SATS3L, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SATS3L technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SATS3L.
How much will SATS3L be worth tomorrow, next week, or next month in ? What about your SATS3L assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SATS3L Price Prediction
SATS3L is identified as a leveraged token. The '3L' in its name signifies that it aims to provide 3 times the daily amplified returns of its underlying asset in a "long" position. This means if the underlying asset increases by 1% in a day, SATS3L aims to increase by 3%, and conversely for decreases, offering amplified exposure to short-term price movements.
The underlying asset for SATS3L is likely 'SATS' or 'Satoshi'. This could refer to the smallest unit of Bitcoin (0.00000001 BTC), or it might relate to a BRC-20 meme token also known as SATS (Ordinals). The specific underlying asset dictates the market movements that SATS3L aims to track and amplify.
Leveraged tokens like SATS3L amplify the price movements of an underlying asset without requiring users to manage collateral or worry about traditional liquidation. They achieve their leveraged exposure by tracking perpetual contracts of the underlying asset and performing daily rebalancing. This automated rebalancing adjusts the token's exposure to maintain its target leverage ratio.
Trading SATS3L involves several key risks. These include amplified losses, where price declines in the underlying asset are magnified. A significant risk is volatility decay, where frequent rebalancing can erode the token's value over time, especially in choppy or sideways markets. Due to these mechanisms, such tokens are generally not suitable for extended holding periods.
While many leveraged tokens like SATS3L are designed to avoid traditional margin call or liquidation events common in direct margin trading, it's crucial to understand that their value can still decline significantly, potentially to near zero. The internal rebalancing mechanisms manage the underlying leverage, but persistent adverse price movements and volatility decay can lead to substantial and effectively irreversible losses, even without a formal liquidation event.
Generally, leveraged tokens such as SATS3L are not considered suitable for long-term investment. They are specifically designed for short-term trading strategies. This is primarily due to the effects of daily rebalancing and volatility decay, which can severely erode the token's value over extended periods, particularly in volatile or non-trending markets. Their structure is optimized for short-duration exposure to amplified price movements.
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